---

*** JIANGSU ZHONGNAN CONSTRUCTION EXCHANGE OFFER & NEW NOTES: MANDATE / SUMMARY TERMS ***

Haimen Zhongnan Investment Development (International) Co., Ltd. (the “Issuer”) and Jiangsu Zhongnan Construction Group Co., Ltd. (the “Parent Guarantor”) (000961.SZ) have mandated Guotai Junan International and Standard Chartered Bank as